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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

321 Ga-49 Byron, GA 31008

2,600 SF 0.98 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple owned, brand-new Starbucks located in Byron, Georgia. Built in 2023, this 2,600 square foot, single-tenant property boasts a 10-year net lease with a corporate guarantee from Starbucks, providing significant financial stability. The lease includes four 5-year options with a 10% rental increase at the beginning of each option period. The property enjoys a prime location directly off Interstate 75 (80,700 vehicles per day), offering exceptional visibility and accessibility. With a strong NOI of $123,500 and a 5.60% cap rate, this investment offers a compelling return. The property features a drive-thru, 25 parking spaces, and sits on a 0.98-acre lot zoned C-3/PUD. Nearby retailers include Popeyes, Zaxby's, Burger King, Taco Bell, and Chick-fil-A, further enhancing the location's appeal. The property's strong demographics within a 5-mile radius contribute to its consistent performance. This is a turnkey investment with limited landlord responsibilities, making it an ideal addition to any portfolio. The asking price is $2,205,000, representing a price per square foot of $848.08. The property's 100% occupancy and strong lease terms ensure a secure and profitable investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 2,600 SF
Lot 0.98 ac (42,689 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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